Campbell Soup Company Common Stock (CPB)
Operating return on assets (Operating ROA)
| Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,000,000 | 1,195,000 | 1,201,000 | 1,234,000 | 1,312,000 | 1,210,000 | 1,250,000 | 1,223,000 | 1,163,000 | 1,404,000 | 1,382,000 | 1,460,000 | 1,545,000 | 1,301,000 | 1,302,000 | 1,251,000 | 1,107,000 | 1,023,000 | 995,000 | 970,000 |
| Total assets | US$ in thousands | 15,235,000 | 15,243,000 | 12,106,000 | 12,257,000 | 12,058,000 | 12,073,000 | 11,967,000 | 12,177,000 | 11,892,000 | 11,847,000 | 11,991,000 | 11,899,000 | 11,734,000 | 11,730,000 | 12,498,000 | 12,417,000 | 12,372,000 | 12,718,000 | 11,654,000 | 13,110,000 |
| Operating ROA | 6.56% | 7.84% | 9.92% | 10.07% | 10.88% | 10.02% | 10.45% | 10.04% | 9.78% | 11.85% | 11.53% | 12.27% | 13.17% | 11.09% | 10.42% | 10.07% | 8.95% | 8.04% | 8.54% | 7.40% |
July 28, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,000,000K ÷ $15,235,000K
= 6.56%
The operating return on assets (ROA) for Campbell Soup Company Common Stock has shown some fluctuations over the past few quarters. The trend indicates that the company's ability to generate operating income from its assets has been variable.
From the data provided, the operating ROA ranged from a low of 6.56% in July 2024 to a high of 13.17% in January 2022. The operating ROA has generally been above 8% in most quarters, which suggests that the company is efficient in generating operating income relative to its assets.
However, there have been periods of decline, such as the decrease from 11.85% in May 2022 to 8.95% in November 2020. This could indicate challenges in efficiently utilizing assets to drive operating income during those periods.
Overall, the varying levels of operating ROA demonstrate the company's ability to effectively manage its assets to generate operating profit. Investors may want to monitor these ratios closely to assess the company's operational efficiency and profitability.
Peer comparison
Jul 28, 2024